Economic

AD ESM produced 11,446 megawatt hours of electricity during Friday. As informed by the Government, 8,092 megawatt hours were produced in the thermal power plants, and 3,354 megawatt hours in the hydropower plants and in the Bogdanci Wind Park. “AD ESM on 04.11.2022 fully met the electricity needs of households and...

VMRO-DPMNE again submitted the Law on Excise Duties on Wednesday, this time under an URGENT PROCEDURE, in order to reduce the excise duties on gasoline and diesel by 50%, and on methane and liquefied petroleum gas by 100%. "The government's model for reducing excise duties is complex and, as we...

In conditions of uncertainty about the duration and intensity of the Russian-Ukrainian conflict, as well as the possible effects of sanctions imposed on the Russian Federation for energy markets, the outlook for growth of the Macedonian economy in 2022 is down, i.e. the previous projection of 4% becomes unrealistic...

We are facing a serious economic challenge, the government is heading for a debt of over 65% of GDP, an urgent need for a second package of measures to stimulate growth! This was stated by VMRO-DPMNE leader Hristijan Mickoski. "We need to immediately sit down and think about a second set...

Between 1996 and2022, independent Macedonia did not have double-digit inflation. The first years after independence were shocking in terms of price growth. Thus, in 1993 there was an average annual inflation of 349.8%, in 1995 the average was 121.8%, in 1995 it was 15.9%, and from 1996 it "sailed"...

ZoranZaev’s Finance Minister Nina Angelovska after withdrawing her deposit from the Eurostandard Bank, she also approved state anti-crisis aid for her company, accused VMRO-DPMNE at a press conference. While citizens are barely making ends meet, and companies are going under due to the selective distribution of financial stimulus aid, the...

The Government has taken COVID-19 measures similar to those of EU member-states, such as loans for businesses, delay of tax payment, subsidies in April and May. This ensures liquidity, keeps jobs and lowers the risk of bankruptcy, said Freek Janmaat, Head of Operations at the EU Delegation in Skopje,...

A family of four in the country had to spend MKD 49,025 in May this year to satisfy their basic needs. Of these, as stated by the Union of Trade Unions of Macedonia (SSM), 19,532.54 MKD or 44.34 percent were needed for food and drinks, 13,392.85 or 30.41 percent...

VMRO-DPMNE says that the Government spends 65 million euros through ELEM and MEPSO - if it had worked on time, the Government would have spent 4 times less. “9 million euros have been spent on electricity supply in the past few days, a megawatt hour has been paid at a...

Industrial production dropped by 10.4 percent in March 2024 compared to March 2023. Production in the first quarter of 2024 dropped by 3.1 percent compared to Q1 of 2023, according to data published by the State Statistical Office on Tuesday. By sectors, the industrial in the Mining and Quarrying sector...